Romney: Palestinians do not want peace

[MH]

Originally Posted by Armistead

Instead of giving the Jews Palestine, we should've split a piece of Germany. The Christian concept that the Jews are some special people of God, that if you go against them, God will curse your nation, causes a bias in the West towards the situation.

Great thanx....and lolz

[Stealhead]

Originally Posted by privateer

Are there any instructions as to how to get into the 47% that don't pay taxes?

It is so easy it is sad these are the ones that get all the cheese.Simply get yourself a lawyer who will have a doctor either completely create or greatly exaggerate an illness to a level that makes you eligible for the type of benefits that you seek.Most of the time the lawyer wins the case because it is their bread and butter they know what to say how to game so that you win.There are law firms all over the US that specialize in this.

I have also heard (this may not be true) that if you have things like ADD ADHD you can claim that this keeps you from working making you disabled.This is funny to me because I have ADD and take no drugs I just deal with it I honestly think that it makes me a better worker because I am focused on getting the job done and keeping myself busy yet some people use it as an excuse not to work.

It must be a mentality that is common because when I was separating from the military a VA rep told me that I simply had to list three or four times that I ever went to a clinic for a non scheduled reason(so not for the annual) and they could possibly give me 10% disability I said that I do not need 10% disability for things that have no long term effect on my health.

The others that is probably lack of education lack of any learned work ethic so they have no desire to improve themselves.

Or the smallest number become ultra wealthy.

[mookiemookie]

Originally Posted by Stealhead

It is so easy it is sad these are the ones that get all the cheese.Simply get yourself a lawyer who will have a doctor either completely create or greatly exaggerate an illness to a level that makes you eligible for the type of benefits that you seek.Most of the time the lawyer wins the case because it is their bread and butter they know what to say how to game so that you win.There are law firms all over the US that specialize in this.

I have also heard (this may not be true) that if you have things like ADD ADHD you can claim that this keeps you from working making you disabled.This is funny to me because I have ADD and take no drugs I just deal with it I honestly think that it makes me a better worker because I am focused on getting the job done and keeping myself busy yet some people use it as an excuse not to work.

It must be a mentality that is common because when I was separating from the military a VA rep told me that I simply had to list three or four times that I ever went to a clinic for a non scheduled reason(so not for the annual) and they could possibly give me 10% disability I said that I do not need 10% disability for things that have no long term effect on my health.

The others that is probably lack of education lack of any learned work ethic so they have no desire to improve themselves.

Or the smallest number become ultra wealthy.

Not so fast. Before we start making assumptions, lets look at demographics.

http://www.theatlantic.com/business/...matter/262506/

In 2011, 47% of Americans paid no federal income taxes. Within that group, two-thirds still pay payroll taxes. The rest are almost all either (a) old and retired folks collecting Social Security or (b) households earning less than $20,000. Overall, four out of five households not owing federal income tax earn less than $30,000, according to the Tax Policy Center.


Here's another, slightly wonkier, way to think about the 47%. Divide the group into two halves. The first half is made tax-free by credits and exemptions, the vast majority of which go to senior citizens and children of the working poor. The half that you're left with is so poor, they wouldn't owe federal income taxes even if there were zero tax expenditures.

So if you want to pin this on non-elderly people able to work but laying around with no job at all and soaking up the government benefits, you're really looking at around 8% of the population.

[AVGWarhawk]

This 47%, are these the folks that cling to guns and religion?

[Penguin]

Originally Posted by August

No stranger than your idea that our nation could somehow pay for over 300 million peoples food, shelter and medical attention.

It's not strange to someone who lives in a union, consisting of 500 million people, which does this.
and: you guys over there do it, too - see my next reply:

Originally Posted by August

I mean if we can i'm wasting my time going to work every day...

My guess is that you want a better life quality than buying your meals from food stamps, living in a project or being forced to go to the ER for medical care.
All these are things that are paid/subsided by tax money. I am not talking about quality or quantity, that's a whole other topic worth discussing.

I'm talking about that basic human needs that should be covered. To me, education is also one of those. Covering the basic needs, that would really mean to level the playing field. If people want better food than ramen, then they should get their asses up and do something about.

I also think that a social net that's worthy of its name, would significantly reduce petty crime and all the costs that are associated with it.

[August]

Originally Posted by Penguin

It's not strange to someone who lives in a union, consisting of 500 million people, which does this.
and: you guys over there do it, too - see my next reply:

You said everyone should have a right to those things. I'm saying that no nation or union could ever afford to give those things to everyone. As for education that is already paid for. I know because I have to pay for it through my property taxes. I suppose you want me to pay for college too?

[Platapus]

I wonder what percentage of companies don't pay taxes?

[CaptainHaplo]

Originally Posted by privateer

So Mitt? Who's the 47% *****?

Language, mate. You can disagree, but watch the language.

Originally Posted by privateer

Couple hundred and 20,000 don't equal 47%
so the pensioners make up the bulk of the 47%?

What kind of math or what kind of madness figured this out?


Oh, wait........... Some idiot running for office had one of his flunkies come up with numbers that scare people.

MITT!! Watch the string closely!! See how it sways in the window?
Dumb arse!

People pay all different kinds of taxes.... But specifically regarding income taxes - you have people who have deductions or credits that are larger than their tax liability. Childcare credit, Earned Income Credit, etc - can add up to a few thousand dollars at least. Now, if a couple make 30k a year and has 3 kids and spends $1500 in child care a year, guess what - they not only don't owe taxes - they get money BACK over and above what they put in. In fact - they could do the W2's so that there is NO deduction for income taxes and they STILL would get a "refund" at the end of the year.

Roughly 42% of taxfilers in 2011 fell into the above type situation - where their deductions and credits were equal to, or higher than - their tax liability. Thus, they (net) paid nothing or got a refund, thus making money off the tax system. This doesn't count the additiona' "freeloaders" that make up a much smaller segment - but are somewhere between 5%-8% as addressed above.

So the 47% is not just some "made up" number. Check the IRS data....

There is no reason to get defensive.

Oh, wait........... Some idiot running for office had one of his flunkies come up with numbers that scare people.

The numbers are real, or close enough its 46.4%.
The story about them is rubbish though, its not new rubbish as several people on here have trotted out the same meaningless line during the past year, often again and again even though it is meaningless.
I suppose its the same as with any scare story, you get a "oh my gosh" which if followed by thought turns into "oh so thats it" which then goes to "ain't he a prat for trotting out that rubbish".
Though of course unless the process goes into the "thought" stage it can get stuck in the "OMG" phase which is why politicians love to try the rubbish because they know a lot of people don't bother to think.

[AVGWarhawk]

Originally Posted by Platapus

I wonder what percentage of companies don't pay taxes?

None. Non-profit organizations do not pay taxes.

[soopaman2]

Hmm, lol.

Yes it barely set off my satire radar.

[mookiemookie]

Originally Posted by Platapus

I wonder what percentage of companies don't pay taxes?

You have to be careful with statistics about this. If you look at something that says "X number of corporations didn't pay income tax" be careful that it doesn't include S corps, as they never pay income tax, by definition. The tax liability for the profits made by S corps flow through to and are divided amongst the shareholders to be reported on their individual tax returns.

This is a sampling, but 26 profitable Fortune 500 companies paid no taxes or actually got a rebate every year since 2008:
http://www.ctj.org/pdf/notax2012.pdf

And of course any company that loses money can carry those losses forward to be deducted from profits made in any of the next seven years. And those losses are transferable/saleable to another company in the case of bankruptcy, too.

I know more about this stuff than I care to, lol.

[Skybird]

Originally Posted by Platapus

I wonder what percentage of companies don't pay taxes?

We have had a thread on that some years ago, a US senator I think illustrating how many of the big players do not pay at all any net taxes - but even have net beenmfits from the state/tax payers.

Last year, there was this news:

http://thenewpolitical.com/2011/04/0...e-tax-evasion/

This is not by rando m chan ce. Loopholes are wanted, like backdoors in Microisoft software. They are made sure for by lobbyism the industry invests into, and due to the interest of the vultures forming this political system, which is rotten from skin to bones. It's all plutocracy. Plus that big business is globalised, and international palyers now. It doe snot know national loyalties anymore. It's playground is the world, not just one country. The money evades in a 24 hours-cycle, revolving around the Earth in its race to escape being taxed.

And banks - play roulette already again as if never anything has happened, while having been bailed out just short time ago with billions. Nobody has learned anything. Political gangster nevertheless have the nerve to call that "economical recovering".

Like in Berlin, you have wonderful wide and long straight alleys in Washington. Like for Berlin I strongly recommend to prettify the lamppost alongside them by hanging politicians and lobbyists and their clever smart lawyers onto them. That would be a sight of great hope and renewal. When we run out of decoration, we can ask Wall Street and Frankfurt and Brussel for more any time. It seems it is in very rich supply.

[August]

Originally Posted by Skybird

I strongly recommend to prettify the lamppost alongside them by hanging politicians and lobbyists and their clever smart lawyers onto them. That would be a sight of great hope and renewal. When we run out of decoration, we can ask Wall Street and Frankfurt and Brussel for more any time. It seems it is in very rich supply.

Talking about killing people again Sky? Why would we ever want to do that? So people like you can replace them as our new leaders?

[AVGWarhawk]

Originally Posted by mookiemookie

You have to be careful with statistics about this. If you look at something that says "X number of corporations didn't pay income tax" be careful that it doesn't include S corps, as they never pay income tax, by definition. The tax liability for the profits made by S corps flow through to and are divided amongst the shareholders to be reported on their individual tax returns.

This is a sampling, but 26 profitable Fortune 500 companies paid no taxes or actually got a rebate every year since 2008:
http://www.ctj.org/pdf/notax2012.pdf

And of course any company that loses money can carry those losses forward to be deducted from profits made in any of the next seven years. And those losses are transferable/saleable to another company in the case of bankruptcy, too.

I know more about this stuff than I care to, lol.

Deferred taxes.